Armando Montrond
Factoring in market downturn
Hi There quick question, for people that are analyzing deals are you factoring in a potential market downtown? If so how much are you using for your calculations to see if a deal makes sense to move forward with even ...
Doug Crenshaw
Wholesale Deal... How does it work to make money in RE Investing?
Investment Info:
Single-family residence wholesale investment.
Purchase price: $39,600
Cash invested: $39,600
Sale price: $58,900
Bought it as a Pre-Foreclosure property and managed to get the ow...
Jason Bowles
Online rent payments services
Many of the online rent payment services do not automatically apply late fees to monthly rents. Because of that, one-time payment requests for the late fee must be manually added once the grace period has ended. Now t...
Voltaire Lepe
Quickobooks Version (Tax Strategies: Savvy Real Estate Investors)
I read the book Tax Strategies for the Savvy Real Estate Investor a few years back. I recall it recommending that a real estate investor track our portfolio’s with Quickbooks. Question: Is there a specific version of ...
Asher Anthes
When should I tap the equity on these two properties?
Okay, so I currently have 2 properties. One is leveraged at 90%, and the other (which I live in and just bought 3 months ago), has a mortgage balance of $175,000 and a value of $215,000.
I have a third prope...
Sheifta Anwar
Buying REO properties in Texas
I heard that in Texas, after a mortgage foreclosure auction, when unsold properties go back to the banks, they wait 10 days before hiring realtors to sell them in MLS or via another auction. During this 10 day period,...
Glenn Hoffman
Departing Chicago 1031 Exchange to Another Market
Hi all,I'm a new poster to BP, but not a new investor. I have a small building in Chicago that I have the opportunity to take equity out via quick sale and move to another market. My basis for doing so is to leverag...
Andy Parsons
national MLS?
can some one tell me where I can search a national MLS listing?
we are forming a corporation and looking to purchase some property in diff markets but I would like to be able to search inventory nationally.
Does thi...
Keith Dalpe
First Investment with 1031 Transfer involved
Hi all,Looking to invest in my first investment property, I have a property I am selling in ME. and wanting to invest in Conway NH area where I now live. My property in ME has a pending offer in which we accepted just...
Steve Hudson
Qualifying as a real estate professional - taxes
We're exploring ways for my spouse (who does not have a full time job, but works 25 hours/week outside real estate) to qualify as a real estate professional as we build our short term rental portfolio. Curious if anyo...